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Stories Tagged - Incentives

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News

June 11, 2021 | Barb Livingstone

Calgary rental market struggles with high vacancy, but improvement is on the horizon

The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.

That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.

SOLA, a new "smart" condo development in Kensington, is one example of how developers are shaking up their offerings to stand out in a crowded marketplace. 
Courtesy of the Ocgrow Group of Companies
News

March 09, 2021 | Stefan Strangman

Adapt or die: Calgary condo developers embrace innovation and affordability to succeed in crowded COVID-19 market

COVID-19 has undoubtedly changed how Calgarians live their lives. According to market analysts, it has also started to affect where they live and how they buy homes, and condo developers have been forced to adapt.

The Butters Residence  in Elbow Park is an example of a Calgary heritage property that is municipally designated and could qualify for the new incentives.
Courtesy of the City of Calgary
News

July 17, 2020 | Tyler Difley

City considers new financial incentives for heritage home conservation

Owners of historic homes across Calgary could soon be eligible for additional grant money and a significant tax break if city council approves a new plan to boost financial incentives for heritage conservation.

Courtesy Mattamy Homes
News

March 27, 2020 | Andrea Cox

New-home purchase incentives put on hold, while builders and buyers take wait-and-see approach

As we head into what is traditionally one of the hottest seasons for real estate – with homebuilders launching purchase incentives, promotions, new communities and new showhome models – there is a distinct air of uncertainty due to the outbreak of COVID-19 sweeping the globe.

Courtesy StreetSide Developments
News

Oct. 16, 2019 | Barb Livingstone

Current new-condo purchase incentives focus on buyers' bottom lines

In a market flush with oversupply and lingering economic difficulties, condo builders need to stand out from the crowd to reach potential buyers.

While some offer trips to Las Vegas or New York to seal the deal, two of Calgary's longtime builders say the key to success in today's market is good developments with incentives that help a buyer's financial bottom line.


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